Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Bernstein Analysts Predict Cryptos’ Legalization Will Be Completed in 5 Years
Reading Time: < 1 minuteAccording to forecasts from Bernstein, the crypto market will likely be legalized in most countries around the world in the next five years.
Hong Kong Seizes Almost $3M in JPEX’s Case
Reading Time: < 1 minuteThe ongoing investigation into the collapse crypto exchange JPEX has resulted in the seizure of over $2.8 million.
ETH and BTC Will Grow Following ETF Launch: Report
Reading Time: < 1 minuteResearch by K33 and Kaiko analysts have revealed that the Ethereum to Bitcoin ratio has reached new annual lows.
Kraken to Offer IT Stock Trading
Reading Time: < 1 minuteIn response to declining interest from investors in the cryptocurrency market, Kraken has announced plans to bolster its financial standing by launching trading for shares of IT companies.
Ethereum Devs Restart Holesky Testnet
Reading Time: < 1 minuteThe Holesky testnet, developed by the Ethereum blockchain team, was finally launched after a failed first attempt on the anniversary of the Merge update.
Binance in Vulnerable Position Due to Regulatory Pressure in US: WSJ
Reading Time: < 1 minuteThe Wall Street Journal has reported that Binance is facing pressure from US regulators, leading to its vulnerability.
Coinbase CEO Criticizes British Bank Chase Decision to Suspend Crypto Transactions
Reading Time: < 1 minuteCoinbase CEO Brian Armstrong has expressed his thoughts on Chase Bank’s recent decision to cease cryptocurrency operations in the British market.
BlockFi Receives Approval to Implement Liquidation Plan
Reading Time: < 1 minuteThe bankruptcy proceedings for BlockFi, a crypto lending platform, have been granted court approval to move forward with their plan to cease operations.
Ordinals Creator Introduces Alternative to BRC-20 Standard
Reading Time: < 1 minuteThe creator of Ordinals has stated that a new standard for fungible Runes tokens would not result in as much unwanted clutter on the Bitcoin network as BRC-20 did.
Volume of Crypto Funds Increases to $650B: Bernstein
Reading Time: < 1 minuteAccording to a report from the brokerage firm Bernstein, the assets under management of cryptocurrency funds are expected to increase to $650 million in the next five years.
US Sanctions Ethereum Wallet Linked to Sinaloa Cartel
Reading Time: < 1 minuteThe US Treasury Department’s Office of Foreign Assets Control (OFAC) has taken action against Jimenez Castro, a member of the Mexican Sinaloa drug cartel, by imposing sanctions on him.
JPEX Organizers Said to Have Escaped
Reading Time: < 1 minuteAccording to reports from the South China Morning Post, the co-founders and CEOs of JPEX, a now-collapsed Hong Kong exchange, are suspected to have fled.
Coinbase’s BTC Holdings Amount to Almost $1M
Reading Time: < 1 minuteCoinbase is reported to hold approximately 5% of the current Bitcoin market supply.
Tether Suspends USDT Tranfers to Fiat and DeFi Project from Singapore
Reading Time: < 1 minuteCake, a DeFi protocol based in Singapore, has announced that Tether will no longer be converting its stablecoin into US dollars.
Tim Draper Creates Accelerator to Support Crypto Startups
Reading Time: < 1 minuteTim Draper, a well-known investor and billionaire, has recently introduced Draper Goren Blockchain (DGB), a “venture studio” focused on driving innovation in the realm of decentralized finance through early-stage funding for crypto projects.
Bloomberg Strategist: Bitcoin Will Fall to $25K
Reading Time: < 1 minuteAccording to Bloomberg Intelligence strategist Mike McGlone, Bitcoin’s value may continue to face downward pressure until the end of 2023.
Bitcoin Could Reduce Methane Emissions by 8%: Report
Reading Time: < 1 minuteBitcoin has the potential to contribute to the global energy transition and decrease the emission of harmful pollutants.
MarketAcross and Turingum Will Help Bridge Japanese and Global Web3 Ecosystems
Reading Time: < 1 minuteMarketAcross has announced it has joined forces with Turingum, a Japanese Web3 technology company focusing on tokenomics design, DeFi and smart contract development.
US Democrats Say Republican Bill Against Digital Dollar is Stupid
Reading Time: < 1 minuteThe introduction of a bill by Republicans that would ban the distribution of CBDCs by the Federal Reserve to individual citizens has sparked criticism from Democrats.
Robert Kiyosaki Calls Investors to Buy BTC and Precious Metals
Reading Time: < 1 minuteAccording to financial expert Robert Kiyosaki, the safest assets during times of global economic uncertainty are Bitcoin, gold, and silver.
Tether Spends $420M to Purchase Nvidia GPUs
Reading Time: < 1 minuteTether Limited, the issuer of the USDT stablecoin, has made a $420 million purchase of 10,000 H100 chips from Nvidia.
Hester Peirce: SEC’s Crypto Policy Might Change
Reading Time: < 1 minuteSEC Commissioner Hester Peirce has acknowledged that the agency’s current stance on the crypto industry may see changes.
Crypto Exchange CoinEx Resumes Operations
Reading Time: < 1 minuteStarting from September 21, users will once again be able to deposit and withdraw funds on the trading platform.
Stanford University to Return $5.5M in Donations from FTX
Reading Time: < 1 minuteStanford University, where the parents of FTX and Alameda Research founder Sam Bankman-Fried (SBF) were employed, has decided to return $5.5 million in donations.
Ukraine Becomes 5th Country in Terms of Crypto Adoption: Report
Reading Time: < 1 minuteUkraine held the fifth position globally for cryptocurrency adoption in 2023.
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